Graph database management system is a platform for an online database management system that Create, Read, Update, and Delete (CRUD) methods. The systems are generally built to be used in transactional systems. Graph databases are a mainstream technology especially in the data management for enterprises, which finds applications in numerous industries and sectors. The graph database technology offers several advantages for overcoming problems faced while analyzing large and complex data while compared to other database solutions. These benefits and systems have ability for scaling and handling naturally large data sets.

The graph database market report discusses the growth factors, opportunities, trends, and challenges. These market dynamics show the current scenario coupled with future growth and opportunities present in the global graph database market. One of the key part of the report is vendor landscape, which also involves the details of key players such as segmental share, company history, annual turnover, new product launches, SWOT analysis, mergers and acquisitions (M&A) activities, and recent research and development (R&D).

Global Graph Database Market: Drivers and Restraints

Graph database tools has key role in the healthcare and life sciences sectors for recording patients information and to discharge to numerous patients or healthcare providers. Healthcare-focused startups are leveraging the graph database technology in order to fulfill the unmet needs of the customers. Healthcare organizations and institutions are using graph database tools to improve and enhance the safety, operational efficiency, reduce costs, and improvise the quality of patient care. These factors are propelling adoption of graph database and likely to boost growth of the global graph database market.

Additionally, emergence and need for precision response time to discover new multi-dimensional data management systems with real-time support are propelling growth of the global graph database market.

Widening applications for graph databases across chemistry, linguistics, and social networks is boosting growth of the global graph database market. Growing integration of the technologies, which demonstrates the relation of company, and workers, which makes easier to come up with several use cases and issues is boosting adoption of graph database. These systems describe specific graph database applications in multiple industry verticals. It can be useful out there in several social networks including recommendation engines, genomic sequencing, and logistics. These companies operating in the market provide radically new approaches to link heterogeneous data, connect billions of pieces of connected data, create new sources of value for customers, and increase the operational agility for customer service.

Global Graph Database Market: Geographical Analysis

On the basis of region, the graph database market could be segmented into North America, South America, Europe, Asia Pacific, and the Middle East and Africa. Of these regions, Asia Pacific is expected to expand with faster growth over the forecast period. This growth is attributable to the factors such as rapid economic developments, digitalization, globalization, and increased adoption of high-performance technologies.

Global Graph Database Market: Companies Mentioned

Some of the key players operating in the graph database market are Oracle, Neo Technology, Inc., International Business Machines Corporation, Franz Inc., OrientDB, and DataStax.